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2026 Regular Session

SB95

Property and Casualty Insurance - Parametric Insurance - Regulation

Earlier-session bill · introduced 2025

Establishing requirements and prohibitions for parametric insurance policies that are issued to a resident of the State or are sold, solicited, negotiated, or offered in the State; and authorizing the Maryland Insurance Commissioner to establish a pilot program to provide insurers participating in the pilot program additional opportunities to provide parametric insurance products, serve a public need, protect vulnerable populations, and advance policy goals in the State.

Legislative progress

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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.

Introduced in Senate January 14, 2026

Committee referrals

January 14, 2026 · Senate

Finance

Instrument history

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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.

  1. Senate Hearing 2/04 at 1:00 p.m.
  2. Senate First Reading Finance
  3. Senate Pre-filed
Source provenance